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Supplemental Financial Statement Information
6 Months Ended
Jun. 30, 2017
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Supplemental Financial Statement Information

4. SUPPLEMENTAL FINANCIAL STATEMENT INFORMATION

Inventories

 

 

 

June 30,

2017

 

 

December 31,

2016

 

Raw materials

 

$

141,954

 

 

$

126,027

 

Work in process

 

 

118,000

 

 

 

135,848

 

Finished goods

 

 

269,650

 

 

 

211,392

 

 

 

$

529,604

 

 

$

473,267

 

 

Other Accrued Liabilities

 

 

 

June 30,

2017

 

 

December 31,

2016

 

Compensation and employee benefit liabilities

 

$

99,687

 

 

$

169,923

 

Deferred revenue

 

 

20,244

 

 

 

25,859

 

Product warranty accrual

 

 

20,283

 

 

 

21,631

 

Accrued interest

 

 

18,712

 

 

 

8,586

 

Restructuring reserve

 

 

29,756

 

 

 

30,438

 

Income taxes payable

 

 

18,544

 

 

 

49,984

 

Value-added taxes payable

 

 

12,960

 

 

 

14,885

 

Accrued professional fees

 

 

9,230

 

 

 

10,621

 

Other

 

 

78,929

 

 

 

97,470

 

 

 

$

308,345

 

 

$

429,397

 

Accumulated Other Comprehensive Loss

The following table presents changes in accumulated other comprehensive income (AOCI), net of tax, and accumulated other comprehensive loss (AOCL), net of tax:

 

 

Three Months Ended

June 30,

 

 

Six Months Ended

June 30,

 

 

 

2017

 

 

2016

 

 

2017

 

 

2016

 

Foreign currency translation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(213,797

)

 

$

(114,336

)

 

$

(254,148

)

 

$

(160,620

)

Other comprehensive income (loss)

 

 

86,749

 

 

 

(46,897

)

 

 

126,833

 

 

 

(613

)

Amounts reclassified from AOCL

 

 

 

 

 

306

 

 

 

267

 

 

 

306

 

Balance at end of period

 

$

(127,048

)

 

$

(160,927

)

 

$

(127,048

)

 

$

(160,927

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defined benefit plan activity

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(33,842

)

 

$

(18,298

)

 

$

(33,473

)

 

$

(17,567

)

Other comprehensive loss

 

 

 

 

 

(1,730

)

 

 

 

 

 

(1,730

)

Amounts reclassified from AOCL

 

 

(360

)

 

 

(674

)

 

 

(729

)

 

 

(1,405

)

Balance at end of period

 

$

(34,202

)

 

$

(20,702

)

 

$

(34,202

)

 

$

(20,702

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net investment hedge

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(355

)

 

$

 

 

$

 

 

$

 

Other comprehensive loss

 

 

(2,996

)

 

 

 

 

 

(3,351

)

 

 

 

Balance at end of period

 

$

(3,351

)

 

$

 

 

$

(3,351

)

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Available-for-sale securities

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

3,817

 

 

$

5,786

 

 

$

2,508

 

 

$

6,509

 

Other comprehensive income (loss)

 

 

1,616

 

 

 

(901

)

 

 

3,314

 

 

 

(1,395

)

Amounts reclassified from AOCI

 

 

(3,748

)

 

 

(510

)

 

 

(4,137

)

 

 

(739

)

Balance at end of period

 

$

1,685

 

 

$

4,375

 

 

$

1,685

 

 

$

4,375

 

Net AOCL at end of period

 

$

(162,916

)

 

$

(177,254

)

 

$

(162,916

)

 

$

(177,254

)

Amounts reclassified from net AOCL related to foreign currency translation and available-for-sale securities are recorded in other income (expense), net in the Condensed Consolidated Statements of Operations and Comprehensive Income. Defined benefit plan amounts reclassified from net AOCL are included in the computation of net periodic benefit cost (income) and are primarily recorded in cost of sales and selling, general and administrative expenses in the Condensed Consolidated Statements of Operations and Comprehensive Income.

Cash Flow Information

 

 

Six Months Ended

June 30,

 

 

 

2017

 

 

2016

 

Cash paid during the period for:

 

 

 

 

 

 

 

 

Income taxes, net of refunds

 

$

77,318

 

 

$

38,308

 

Interest

 

$

105,376

 

 

$

138,462